The Sensex has comfortably settled itself above 35000.However the test now lies in conquering Mt.35500.
Allow the Sensex to consolidate in the 35000-35500 before proceeding towards 36000 and newer Life High's.
The near term outlook is optimistic and the short term outlook is bullish.
Use any dips till 35145 to stock-up on your longs.The optimistic and bullish outlook will change for
the worse only with a close below 35063.Keep 35063 as a SL for all existing and newer longs.